The valuations of social media companies are soaring, leading to comparisons with the bubble of 1999. But the evidence suggests otherwise
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For those who lived through the first dotcom bubble, it’s hard to watch the soaring valuations of private companies like Facebook, LinkedIn and Groupon without a faint chill of foreboding. Is history about to repeat itself?
The story lines of these high-flying internet stocks certainly echo the Icarus-like rise ...
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